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16 Bethany Rd, Framingham MA 01702

$719,900

Estimated $1,718.89/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $239,966.67

Total Rent: 62940/year

Estimated CAP Rate: 7.82%

4 Bedrooms

3 Full Baths

2,020 SqFt

Total Parking: 8 (2 Garage)

8,668 SqFt

Attention investors and Owner occupants !! Check out this Money-Maker close to downtown Framingham. Projected rents Gross over 5K when fully rented. Second floor 2 bedroom is currently vacant and easy to show. Has a Private Entrance/Staircase off of Driveway, Large windows Brighten up the open floor plan that flows from the Kitchen to the Living Area and Sunroom. Dishwasher, disposal, Gas Range and side-by-side Fridge in the Kitchen. Ceiling fans in every room, Lead Certificate available for the 2 bedroom unit. Two 1 Bedroom apartments on the first floor with interior and exterior access, fully applianced kitchens and full bathrooms with tub/shower combos. Both units have electric baseboard heat as well as ventless gas space heaters. The property also offers Laundry in the basement, a detached 2 car garage, fenced in backyard and plenty of parking in the driveway. This is a Must see In the Heart of Framingham. Nice Neighborhood and Close to Commuter Rail, Mass Pike, Natick Mal

This home has been viewed 16 times

Last Checked: November 7th, 2024 at 5:19am (Source: MLS PIN #73289832)

Gross Income: $62,940

Gross Expenses: $6,619

Net Income Calc: $56,321

CAP Rate: 7.82%

Beach Front

Annual Expenses for 16 Bethany Rd, Framingham MA 01702

Total Gross Expenses (Calculated)$6,619/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,619

Annual Income & Unit Breakdown for 16 Bethany Rd, Framingham MA 01702

Total Gross Income (Calculated)$62,940

Unit 1

Rental Income$1,595

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none)

Unit 2

Rental Income$2,200

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none)

Unit 3

Rental Income$1,450

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none)

General Information for 16 Bethany Rd, Framingham MA 01702

Listing ID73289832

Property TypeMulti Family / 3 Family

Price$719,900 ($356.39/SqFt)

Style3 Family

CityFramingham

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,020 SqFt

Approximate Lot Size (Acres)0.2 acres

Total Parking8 (2 Garage)

Garage Parking2 / Detached

Year Built1887

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Cleared

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningG

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesWalk To, Beach Front, Beach Ownership(public), 1/2 To 1 Mile To Beach, Lake/pond

Energy Features

Terms

Disclosures for 16 Bethany Rd, Framingham MA 01702

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$0

Total Gross Income By Broker$62,940

Total Net Income By Broker$62,940

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 16 Bethany Rd, Framingham MA 01702

Real Estate Taxes$6,619

Tax Year2024

Assessed Value$531,200

Financial Data SourceOwner

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$62,940

BostonRealEstate.com Gross Income

Total Net Income By Broker$62,940

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.82%

Location Information for 16 Bethany Rd, Framingham MA 01702

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Pool, Tennis Court(s), Stable(s), Private School, University

Contact Information for 16 Bethany Rd, Framingham MA 01702

Agent

Name: William Vorce

Office

Name: GK Realty

Phone: 508-868-0110

Payment Calculator

, Interest

Property Taxes 551.58

Principal & Interest 4435.79

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

GK Realty

William Vorce

Agent Phone

Office Phone

(508) 868-0110

Text Agent Call Agent Call Office

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EXIT

Withdrawn

16 Bethany Rd, Framingham MA 01702

$719,900

Annual Expenses for 16 Bethany Rd, Framingham MA 01702

Annual Income & Unit Breakdown for 16 Bethany Rd, Framingham MA 01702

General Information for 16 Bethany Rd, Framingham MA 01702

Disclosures for 16 Bethany Rd, Framingham MA 01702

Financial Information for 16 Bethany Rd, Framingham MA 01702

Location Information for 16 Bethany Rd, Framingham MA 01702

Contact Information for 16 Bethany Rd, Framingham MA 01702

Agent

Office

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Exclusive Listing Agent

GK Realty

William Vorce